Debt mutual funds bought after April 2023 fall under Section 50AA and are eligible for tax rebates, but units bought before ...

Budget 2025 offers a welcome increase in tax rebates, but it’s important to know where the benefits apply and where they ...

The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...

Not all your incomes qualify for the rebate benefit under Section 87A. Income from capital gains, lotteries, and other ...

Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income from other sources’ like earlier ...

Understand the updated tax rates for mutual fund investments under the Finance Bill 2025. Explore the tax implications for ...

When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these ...

Without going into the sections, proviso and the clause 2, 20 and 24 of the Finance Bill 2025, some situations are rendered here for the applicability and availability of the Sec 87A rebate both under ...

Dividends distributed to Non-U.S. Shareholders may have been withheld to pay U.S. federal income tax. Non-U.S. Shareholders should contact their tax advisor with any questions regarding this ...

The Budget 2024 eliminated the indexation benefit for LTCG calculations on assets such as property, gold, and unlisted assets ...